Wed, 13 Jul 2016 13:20:32 GMT
US import prices rise modestly in June
US import prices rose 0.2% in June, compared to the 1.4% growth seen in the previous month, when the Import Price Index posted the largest increase since March 2012, fresh data from the Department of Labor showed on Wednesday. Meanwhile, analysts expected the 0.5% gain in the reported month. The indicator remained in expansion territory for four consecutive months.